Post Utme Abu 2023 Commerce Question 23

Practice objective / multiple choice question 23 from the 2023 Post Utme Abu Commerce examination.

Post Utme Abu 2023 Commerce Objective / Multiple Choice
Question 23 POST_UTME_ABU • 2023 • COMMERCE • objective

The concept of 'Gresham's Law' in international trade suggests that:

Answer Options

Correct Answer A. Bad money drives out good money
B. Good money drives out bad money
C. Trade deficits lead to economic growth
D. Trade surpluses lead to economic growth
Correct Answer
A
Correct Option:
Bad money drives out good money

About This Question

This is Post Utme Abu 2023 Commerce Question 23. It is one of the objective questions from the 2023 Post Utme Abu Commerce examination.

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